WebJet raising $250m in bonds
Webjet has tapped the bond market for $250 million with assistance from Goldman Sachs.
Webjet has tapped the bond market for $250 million with assistance from Goldman Sachs.
Open source software company Instaclustr is understood to have cooled on its plans for an initial public offering.
Bank of Queensland has only just agreed to buy ME Bank for $1.325bn, but some believe another major acquisition should not be discounted.
The overwhelming support from investors for SG Fleet’s $387.4m acquisition of LeasePlan has many in the market now hopeful of further consolidation.
Three parties are understood to have been short-listed in the competition to buy Australian assets owned by New Energy Solar.
The challenge for smaller lenders hoping to head for the boards, like SocietyOne, is that comparable listed companies have recently been trading below expectations.
US-based private equity firm Platinum Equity is understood to have hired KordaMentha as part of its efforts to buy Toll’s Global Express unit.
More major asset sales appear to be on the agenda in the renewable energy space.
Shaw and Partners have ascribed a valuation to Grays Australia of between $374m to $458m ahead of its plans to head to the market as a listed company.
Initial public offerings are increasingly using cornerstone processes and front-end bookbuilds as owners become risk-averse.
Woolworths is believed to be angling for a demerger or float of its Endeavour Drinks on or around June 28, sources say, if it’s not sold to private equity first.
The Australian healthcare sector is buzzing with talk of mergers and acquisitions.
Peter Warren Automotive is raising $260 million for its initial public offering with its market value to be at $483 million ahead of the book build on Tuesday.
Jarden analysts peg Grays Australia valuation at between $240m and $330m ahead of its initial public offering.
The country’s largest healthcare company CSL is one of the businesses benefiting from the global pandemic.
The $800m listed furniture retailer Nick Scali is thought to be inching closer to an acquisition of Coco Republic.
As negotiations between AMP and its suitor Ares continue, the situation of AMP Capital Diversified Property Fund is becoming increasingly dire.
Medibank could be back on the acquisition trail and this time within its sights is thought to be the hospital operator Healthe Care.
Latitude Financial has increased the size of its initial public offering to $200m on the back of strong demand from retail investors.
Speculation is mounting that the outgoing boss of construction and real estate group Lend Lease is in the mix of contenders to take the top job at Tabcorp.
Original URL: https://www.theaustralian.com.au/business/dataroom/page/199